At around 02:10 a.m. ET, Dow futures rose 87 points, indicating a positive open of more than 64 points. Futures on the S&P and Nasdaq were both higher.

The slight rise would be a rebound from Thursday’s heavy losses. The Dow fell more than 400 points at its lows in the previous session, but regained some of its losses in the final hour of trading as Intel shares turned around to close 1.2% higher.

· European markets were higher on Friday morning, despite trade war fears continuing to put global stocks under pressure.

The pan-European Euro Stoxx 600 index was 0.4% higher with all major borses and most sectors in positive territory. Stocks sensitive to trade wars, such as autos and miners, were the biggest gainers, both jumping by more than 1%.

· Asian stock markets were mixed on Friday, with sentiment torn between investors worried that the U.S.-China trade war was becoming more protracted, and others hopeful that the world’s two largest economies would reach a settlement soon.

In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan bounced back to trade flat after hitting a four-month low earlier. The index is still on track for a third straight weekly loss, down 0.8% so far on the week.

Jasper Lawler, head of research at London Capital Group, said “the fact that Trump is still talking about a trade agreement is offering some optimism to the markets.”

“Traders have been focused on the damage to the global economy that a prolonged trade war could cause, so a break from the bad news is cautiously lifting sentiment,” he wrote in a note on Friday, commenting on the expected higher European open.

· Japan’s Nikkei share average dipped on Friday as escalating tensions between Washington and Beijing over trade and technology firms weighed on investor appetite.

The Nikkei ended the day 0.16% lower at 21,117.22, posting its third consecutive weekly loss.

“The market mood isn’t good. To be sure, there remain hopes that the two countries’ relations could suddenly improve, so a lot of investors are taking a wait-and-see stance. But it is hard to deny the situation is deteriorating,” said Masayuki Doshida, a senior market analyst at Rakuten Securities.

· Shanghai stocks ended nearly flat on Friday, but fell for the fifth straight week, amid worries of Sino-U.S. trade tensions morphing into a tech cold war.

The blue-chip CSI300 index rose 0.3% to 3,593.91, while the Shanghai Composite Index was unchanged at 2,852.99.

For the short term, the impact from the Sino-U.S. trade tensions is huge, given the unclear direction of the trade issue, and capital outflows could intensify if China’s yuan weakens as a result of tension escalation, Xu Peidong, analyst with BOC International (China) said.

Reference: Reuters, CNBC